After Hermez, Polygon acquires ZK-Proof startup Mir Protocol for $400 Mn to expand Ethereum capacity
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Ethereum scaling and infrastructure development platform Polygon (formerly Matic Network), has acquired Ethereum scaling startup Mir Protocol for $400 Mn. This is Polygon’s second play in the zero-knowledge rollup (ZK rollup) space after it acquired Hermez Network in August 2021. Founded in 2019, US-based Mir Protocol (also known as Predicate Labs) is an Ethereum scaling startup that utilises ZK-proof technology.